The table above highlights the cheapest electricity tariffs available based on the national average consumption. According to the Energy Regulator (CER), the average Irish household uses 5,300 kW/h of electricity per year. Prices include PSO Levy & 13.5% VAT.

Terms of offer

It is not available to existing customers and anyone applying must be over the age of 18 at the time of their application. At the same time, only one application of credit per person is allowed and entries on behalf of another person will not be accepted.

Similarly, in instances where online applications are made in a joint name, only one €50 credit will apply.

In order to receive the credit bonus, customer details must be sent to Electric Ireland by 23.59 on 30 April 2014 and any details received after this time will not be eligible.

It is also non-refundable in terms of cash or any other alternative rewards.

The company was keen to point out that anyone signing up to the deal agrees to the terms and conditions of it, while asking customers to allow up to four months for the credit to be added to their bill.